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The Swamp

  • #40,821
  • Sep 3, 2019 11:15am Sep 3, 2019 11:15am
Quoting gatorinla
{quote} no.. I would stop digging long before that.. I dont expect 900 or I would stop digging now. I know how to take a loss or bed down.
on a monthly basis you can see 1.27 still be in a down trend and get lower in the next few months.
so 600 pips the limit up ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,822
  • Sep 3, 2019 11:29am Sep 3, 2019 11:29am
Quoting DMA Trader
{quote} on a monthly basis you can see 1.27 still be in a down trend and get lower in the next few months. so 600 pips the limit up ?
I can't put on a seat belt to trade. I do have risk. You have to figure out your personal tolerance. Mine is Brexit to follow. 4h R at 2240.. mid at 2114.
I closed not far from the low. I opened 1 short 12 pips off low. I'm just reloading the positions I had before the drop. Wash rinse repeat.
those who can, do. those who cant, talk about those who can
  • #40,823
  • Sep 3, 2019 11:39am Sep 3, 2019 11:39am
Quoting gatorinla
{quote} I can't put on a seat belt to trade. I do have risk. You have to figure out your personal tolerance. Mine is Brexit to follow. 4h R at 2240.. mid at 2114. I closed not far from the low. I opened 1 short 12 pips off low. I'm just reloading the positions I had before the drop. Wash rinse repeat.
you don't need to tell more about how you trade... nobody tell us about how they trade... we trade the methods that have been working for us....each trader has to find his/her own methods to fit their own risk tolerance and their personality..
  • #40,824
  • Sep 3, 2019 11:47am Sep 3, 2019 11:47am
With the market pricing in a high probability of a no deal brexit and with a vote tonight in the Uk parliament to pass a law preventing a no deal brexit the pound has the potential to move up hundreds off pips.


Cheers


Jeff
I EAT PIPS
  • #40,825
  • Sep 3, 2019 11:47am Sep 3, 2019 11:47am
Quoting Boulder
{quote} you don't need to tell more about how you trade... nobody tell us about how they trade... we trade the methods that have been working for us....each trader has to find his/her own methods to fit their own risk tolerance and their personality..
it wasn't about that
last week or so i was long he was saying short don't remember if he was or waiting for entry - not important
the thing is we are both short right now. wanted to see another opinion and what can be a line in the sand or something

sure something happens tonight and we change our opinion and switch sides.

it was just to see a level that will change the pictures. i know while we post some trades maybe we do a lot more and there is no time for them

for me the move close to 1.23 was a beginning of a Leg up - while we were still in the downtrend.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,826
  • Sep 3, 2019 11:48am Sep 3, 2019 11:48am
Quoting jshear
With the market pricing in a high probability of a no deal brexit and with a vote tonight in the Uk parliament to pass a law preventing a no deal brexit the pound has the potential to move up hundreds off pips. Cheers Jeff
true - also heard Boris speech and possible lose of majority - and also probability of a deal with EUR increasing right now
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,827
  • Sep 3, 2019 11:54am Sep 3, 2019 11:54am
Quoting DMA Trader
Short EU - 970 - again targeting 950
960 should be some support -
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #40,828
  • Sep 3, 2019 11:59am Sep 3, 2019 11:59am
Quoting jshear
With the market pricing in a high probability of a no deal brexit and with a vote tonight in the Uk parliament to pass a law preventing a no deal brexit the pound has the potential to move up hundreds off pips. Cheers Jeff
Problem solved? Not. It could also drop a thousand pips. The euro or the gbp is not being treated as a safe haven. UK leaving sets up others to leave EZ in the future. It could also set up N. Ireland or Scotland to leave UK.
The usd is being treated as a safety currency..
those who can, do. those who cant, talk about those who can
  • #40,829
  • Sep 3, 2019 12:02pm Sep 3, 2019 12:02pm
Quoting DMA Trader
{quote} true - also heard Boris speech and possible lose of majority - and also probability of a deal with EUR increasing right now
That just creates more uncertainty for UK. The problem is not solved.
those who can, do. those who cant, talk about those who can
  • #40,830
  • Sep 3, 2019 12:09pm Sep 3, 2019 12:09pm
Shit like this will happen until the world squashes Putin. The UK turmoil is Putin's doing. Just like in the U.S.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #40,831
  • Sep 3, 2019 12:15pm Sep 3, 2019 12:15pm
Quoting gatorinla
Shit like this will happen until the world squashes Putin. The UK turmoil is Putin's doing. Just like in the U.S. https://www.youtube.com/watch?v=fT65rlutaC8
hey... you need to take a break... can I pick you up for coffee?
  • #40,832
  • Sep 3, 2019 12:19pm Sep 3, 2019 12:19pm
Quoting Boulder
{quote} hey... you need to take a break... can I pick you up for coffee?
with beignets? I know a decent crab house across the street.
those who can, do. those who cant, talk about those who can
  • #40,833
  • Sep 3, 2019 12:21pm Sep 3, 2019 12:21pm
Quoting gatorinla
{quote} with beignets? I know a decent crab house across the street.
yeah.. lets go there..
  • #40,834
  • Sep 3, 2019 12:24pm Sep 3, 2019 12:24pm
Quoting Boulder
{quote} yeah.. lets go there..
here?
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those who can, do. those who cant, talk about those who can
  • #40,835
  • Sep 3, 2019 12:26pm Sep 3, 2019 12:26pm
Quoting gatorinla
{quote} here? {image}
or here?
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those who can, do. those who cant, talk about those who can
  • #40,836
  • Sep 3, 2019 12:28pm Sep 3, 2019 12:28pm
Quoting gatorinla
{quote} or here? {image}
yeah.. cafe du Monde.. my favorite coffee place..
  • #40,837
  • Sep 3, 2019 12:42pm Sep 3, 2019 12:42pm
Quoting Boulder
{quote} yeah.. cafe du Monde.. my favorite coffee place..
local street musician sits on the stoop. Hundreds of bars, most have live entertainment.
pa seems to be stopped.
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those who can, do. those who cant, talk about those who can
  • #40,838
  • Sep 3, 2019 12:47pm Sep 3, 2019 12:47pm
Quoting gatorinla
Shit like this will happen until the world squashes Putin. The UK turmoil is Putin's doing. Just like in the U.S. https://www.youtube.com/watch?v=fT65rlutaC8
Gator, if you don't mind, and when you have some time, please give me a brief rundown on why you think Mr. Putin is the cause of the turmoil in Ukraine, UK and US. Thank you.
  • #40,839
  • Sep 3, 2019 12:50pm Sep 3, 2019 12:50pm
Quoting gatorinla
{quote} local street musician sits on the stoop. Hundreds of bars, most have live entertainment. pa seems to be stopped. {image}
yeah ,, I love New Orleans,,,,
  • #40,840
  • Sep 3, 2019 12:52pm Sep 3, 2019 12:52pm
Quoting Mitiblotch
{quote} Gator, if you don't mind, and when you have some time, please give me a brief rundown on why you think Mr. Putin is the cause of the turmoil in Ukraine, UK and US. Thank you.
great..Miti.. I try to get him out of his political rant...
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